| Stage | GOLF | % of rev | PTON | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $649M | 100.00% | $608M | 100.00% | GOLF ×1.07 |
| Gross profit | $322M | 49.59% | $344M | 56.66% | PTON +7.1pp |
| Operating income | $80M | 12.37% | $81M | 13.36% | PTON +1.0pp |
| Pre-tax income | $67M | 10.37% | $61M | 9.97% | GOLF +0.4pp |
| Net income | $50M | 7.73% | $62M | 10.15% | PTON +2.4pp |
| Stage | GOLF | PTON | Gap · A − B |
|---|---|---|---|
| Revenue | $649M100.00% | $608M100.00% | GOLF ×1.07 |
| Gross profit | 49.59%$322M | 56.66%$344M | PTON +7.1pp |
| Operating income | 12.37%$80M | 13.36%$81M | PTON +1.0pp |
| Pre-tax income | 10.37%$67M | 9.97%$61M | GOLF +0.4pp |
| Net income |
| 7.73%$50M |
| 10.15%$62M |
| PTON +2.4pp |
None
No disclosed counterparties: GOLF.